FREE AND STUDY GAMES ABOUT MKTG 411 EXAM

PDF Download

FREE AND STUDY GAMES ABOUT MKTG 411 EXAM

QUESTIONS

Actual Qs and Ans Expert-Verified Explanation

This Exam contains:

-Guarantee passing score -42 Questions and Answers -format set of multiple-choice -Expert-Verified Explanation

Question 1: The economic progress in Latin American countries is marked by

Answer:

governments transferring their enterprises to privately owned companies.Question 2: True or false: Marketers should use the same marketing strategies in all underdeveloped economies.

Answer:

False

Question 3: In an underdeveloped country, marketers must

Answer:

consider how much the market in that country has already been developed.Question 4: Identify an accurate statement about a country in which the income of its citizens is rising.

Answer:

The middle class begins to buy more expensive items.

Question 5: How does marketing affect a nation's economy?

Answer:

It helps ensure that as the country produces more goods, consumers will want to buy them.

Question 6: Identify an accurate statement about big emerging markets.

Answer:

Half of the people in the world live in one.Question 7: According to the classification system of the United Nations, which of the following are true of less-developed countries?

Answer:

They are just beginning to trade globally.They are developing their industries.Question 8: Which of the following reflects economic progress in Latin American countries?

Answer:

encouraging private ownership of businesses Question 9: Mercosur, the second-largest common-market agreement in the Americas, is based on

Answer:

the Treaty of Asunción.Question 10: Which of the following do developing countries strive to achieve as they grow their economies? (Check all that apply.)

Answer:

Social equality A heightened sense of moral responsibility among the citizens Industrialization

Question 11: One of the most common mistakes among economic planners is

Answer:

thinking distribution of goods is not as important as the production of them.

Question 12: The Internet affects the economies of countries by

Answer:

decreasing the transaction costs of small firms.Question 13: Time zones have the greatest influence on the success of the international marketers commercial efforts abroad.

Answer:

True Question 14: Identify the factors that created economic chaos in Latin American countries and eventually led to the formation of economic cooperation groups. (Check all that apply.)

Answer:

Policies were designed to protect the economies of individual countries.Businesses had to comply with too many regulations.

Money was owed to other countries.

Vital industries were owned by governments instead of private companies.Question 15: Which substage of the marketing process is primarily oriented toward subsistence?

Answer:

the self-sufficient stage Question 16: Which factors contribute to the economic growth of newly industrialized countries? (Check all that apply.)

Answer:

orientation toward exports encouragement of self-employment political stability Question 17: In the evolution of the marketing process, which marketing institutions are most likely to exist during the agricultural and raw materials stage?

Answer:

small-scale merchants, traders, and fairs

Question 18: The North American Free Trade Agreement exists among

Answer:

Canada, Mexico, and the United States.

Question 19: Which sector tends to work in the countryside?

Answer:

the agricultural sector Question 20: Which of the following aimed at creating a free trade area extending from Alaska to Argentina?

Answer:

the North American Free Trade Agreement Question 21: Capital goods that support the needs of various industries are also known as

Answer:

infrastructure.social overhead capital.

Question 22: To achieve economic growth, developing nations are

Answer:

transferring state-owned enterprises into private ownership.

Question 23: International trade has grown in recent years because

Answer:

people around the world are improving their standard of living.

Question 24: Identify a factor that has increased trade among nations

Answer:

In developing regions of the world, countries have loosened their trade and investment policies.Question 25: Highways, telephone systems, financial institutions, and electric power lines are part of a country's

Answer:

infrastructure.